Elon's Real Goal at DOGE & How to Fix the Debt

Elon's Real Goal at DOGE & How to Fix the Debt

This week, Noah Smith and Erik Torenberg talk about DOGE, Elon Musk's initiative to reform government spending, and explore why it might be more about ideology than efficiency. Noah talks about how he would fix the US debt beyond simply cutting waste. They also cover the future of major programs like Medicaid ($804B/year), the trade-offs between inflation and austerity, and how conservatives might reshape federal institutions despite education polarization. Plus: why comparing government efficiency to Twitter's headcount reduction isn't as straightforward as it seems.


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Highlights from the Episode:

  • Noah argues that while Doge (Department of Government Efficiency) is publicly presented as a cost-cutting initiative, it's primarily an ideological project aimed at reducing "woke" initiatives in government.
  • As zero-interest debt gets rolled over at higher rates (around 4%), interest costs are reaching historic highs as a percentage of GDP.
  • Austerity measures will likely involve difficult choices for the middle class. Healthcare spending in the U.S. is disproportionately high compared to other wealthy nations.
  • Government efficiency is harder to measure than corporate efficiency due to its multiple, often conflicting objectives, the influence of democratic processes, and congressional oversight, which complicates decision-making about program value.


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RECOMMENDED IN THIS EPISODE:

Noahpinion: https://www.noahpinion.blog/p/what-i-think-doge-is-really-up-to


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Jaksot(116)

Should We Prepare For a Recession?

Should We Prepare For a Recession?

This week Erik Torenberg and Noah Smith are joined by Itay Vinik, Co-Founder & Chief Investment Officer at Equi, to explore their different perspectives on the current state of the economy and the likelihood of a recession. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv --RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj--We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.--Sponsors: GIVEWELL | NETSUITEHave you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.--Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co--LINKS:- Noahpinion on Substack: https://www.noahpinion.blog/--X / TWITTER:@VinikItay (Itay)@eriktorenberg (Erik)@noahpinion (Noah)@Econ102_Podcast (Econ 102)@TurpentineMediaTIMESTAMPS(00:20) Intro(01:03) The current state of U.S. economy(03:43) Future economic trends(08:25) Economic indicators and predictions(15:24) SPONSOR: GIVEWELL(16:51) Cont. economic indicators and predictions(19:45) Potential economic risks(21:46) Inflation and fiscal policy(29:29) SPONSOR: NETSUITE(32:48) Inflation and monetary policy(35:29) Recapitalization of the banking system(36:34) Long-term deflationary trends(43:23) Housing’s role in wealth effect(48:21) Risky debt(55:22) Conclusions on the future of the economy Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

17 Tammi 202457min

Claudine Gay's Resignation from Harvard & Problems Plaguing Academia & Research

Claudine Gay's Resignation from Harvard & Problems Plaguing Academia & Research

Noah Smith and Erik Torenberg discuss the resignation of Harvard's President Claudine Gay as well as the issues surrounding academic research, such as plagiarism, peer review, academic incentives, and more. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv _RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj-We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.--Sponsors: GIVEWELL | NETSUITEHave you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.–Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–LINKS:- Noahpinion on Substack: https://www.noahpinion.blog/–X / TWITTER:@eriktorenberg (Erik)@noahpinion (Noah)@Econ102_Podcast (Econ 102)@TurpentineMedia (Turpentine)–TIMESTAMPS(00:25) Episode Preview(03:00) The Claudine Gay Controversy(06:24) Bill Ackman's Role(08:00) Plagiarism's Prevalence in Academia(11:24) Need for External Scrutiny(12:51) Universities in the Private Sector(18:04) The Need for External Scrutiny in Universities(18:30) SPONSOR: GIVEWELL(20:09) The Impact of Incentives(23:33) Issues with Peer Review(25:44) The Importance of Relevant Research(26:35) SPONSOR: NETSUITE(29:13) Research Across Different Fields(30:07) Theory Papers in Economics(32:23) Defining 'Waste' in Academic Research(34:57) Value of Seemingly-Useless Research(36:39) Incentive in Academia(36:44) Fields That Refuse to Die(46:26) Aging Population's Impact on Research(53:10) Future of Academia Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

10 Tammi 202455min

Trump/Biden, Russia/Ukraine, Israel/Palestine, and US/China w/ Dan Romero

Trump/Biden, Russia/Ukraine, Israel/Palestine, and US/China w/ Dan Romero

This week Dan Romero joins Noah Smith and Erik Torenberg to discuss the overuse of the term “fascism,” what has led to the capabilities of China and the U.S., and much more. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.-RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj-Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv _We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.--Sponsors: GIVEWELL | NETSUITEHave you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.--Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–LINKS:- Noahpinion on Substack: https://www.noahpinion.blog/–X / TWITTER:@dwr (Dan)@eriktorenberg (Erik)@noahpinion (Noah)@Econ102_Podcast (Econ 102)@moz_podcast (Moment of Zen)@TurpentineMedia–TIMESTAMPS:(00:00) The word 'Fascist'(08:40) Economic transformation in China(13:04) SPONSOR: GIVEWELL(16:10) Impacts of Trump's policies(19:07) The renegotiation of NAFTA(23:51) United States' withdrawal from the Middle East(27:22) SPONSORS: NETSUITE & MASTERCLASS(30:05) Asia & US foreign policy(41:46) The importance of focusing on Asia(48:20) U.S. production during World War II(50:14) China's production capabilities(51:26) Elon Musk & Henry Ford(54:09) Private markets for defense technology(55:38) Political unity & seriousness in war(58:57) US military budget and production(59:56) Industrial production in World War II(01:05:30) Trump's impact on China(01:09:16) Building alliances against China(01:14:48) Political unity and continuity in foreign policy Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

3 Tammi 20241h 12min

Making Sense of Argentina: Inflation, Milei, Macro with Sebastian Bensusan

Making Sense of Argentina: Inflation, Milei, Macro with Sebastian Bensusan

For this episode, Noah Smith and Erik Torenberg are joined by Sebastian Bensusan, an Argentinian engineer, to discuss Argentina's unique inflation problem, its agricultural and mining sectors, dollarization, voting patterns, and more. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.-RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj-Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv --We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.--Sponsors: GIVEWELL | NETSUITEHave you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.--Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co--LINKS:- Sebastian Bensusan's blog: https://blog.sbensu.com/- Noahpinion on Substack: https://www.noahpinion.blog/- Noah Smith, "Argentina's macroeconomic situation is even worse up close" on Substack: https://www.noahpinion.blog/p/argentinas-macroeconomic-situation--X / TWITTER:@noahpinion (Noah)@sebasbensu (Sebastian)@eriktorenberg (Erik)--TIMESTAMPS:(00:55) Episode Preview(03:25) Argentina's Economy & Industries(09:00) Lack of Development State(15:45) SPONSOR: GIVEWELL(28:20) Hyperinflation & Dollarization(30:46) SPONSOR: NETSUITE(43:27) Inflation & Threshold Effects(48:39) Impact of Inflation on Bonds & Borrowers(55:10) Effects on Savings(01:00:01) Replacing Welfare State with Growth(01:08:14) Privatization & Corruption in Argentina(01:13:04) Refocusing Argentina on Real Economy(01:14:59) Post-Macroeconomics Argentina Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

27 Joulu 20231h 12min

The Truth About Inflation

The Truth About Inflation

Noah Smith and Erik Torenberg explore the factors contributing to rising grocery prices and the impact of inflation on consumer sentiment, as well as debunking misconceptions about inflation. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.-RECOMMENDED PODCAST: History 102 with WhatifAltHistEvery week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihmApple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913YouTube: https://www.youtube.com/@History102-qg5oj-Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv _We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.--Sponsors: GIVEWELL | NETSUITEHave you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.--Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–LINKS:- Noahpinion on Substack: https://www.noahpinion.blog/- Noah Smith, "Why are your groceries still so expensive?" on Substack: https://www.noahpinion.blog/p/why-are-your-groceries-still-so-expensive–X / TWITTER:@noahpinion (Noah)@eriktorenberg (Erik)–TIMESTAMPS:(00:58) Episode preview(03:00) The impact of inflation on consumer sentiment(07:08) Factors of inflation(13:52) The role of rent and monopoly power(15:26) SPONSOR: GIVEWELL(20:33) Wages and immigration impacting grocery prices(24:47) Grocery prices and supply chain snarls(25:52) SPONSOR: NETSUITE(27:15) Causes of inflation and deflation(31:04) Impact of aggregate supply and demand on inflation(34:25) Low & stable inflation(37:14) Erasing debt(42:17) How innovation affects inflation(51:09) Tech and real incomes(52:36) Inflation in the 80s and 90s(53:34) Expectation anchoring & inflation control(59:20) COVID and inflation expectations(01:04:37) Costless disinflation & manipulating expectations Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

20 Joulu 20231h 2min

America's View on Immigration

America's View on Immigration

Noah Smith and Erik Torenberg explore the debate on immigration, including open borders vs border enforcement, the ideal composition of immigrants, the housing crisis, & the mixed views Americans have on the subject. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv _We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.--Sponsors: GIVEWELL | NETSUITEHave you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.--Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–LINKS:- Noahpinion on Substack: https://www.noahpinion.blog/- Noah Smith, "Americans are Angry About Immigration": https://www.noahpinion.blog/p/americans-are-angry-about-immigration–X / TWITTER:@noahpinion (Noah)@eriktorenberg (Erik)–TIMESTAMPS:(00:40) Episode Preview(02:12) Americans' mixed views on immigration(04:07) The Great Replacement Theory and Political Replacement Theory(06:01) Open borders vs. border enforcement Mechanisms(09:18) Economic effects of immigration(14:23) NIMBYism & the strain on local government finances(14:46) SPONSORS: GIVEWELL(16:12) Labor competition(20:27) Historical Labor Protectionism(25:13) SPONSORS: NETSUITE(28:27) Impacts of NIMBYism(31:45) Costs of Immigration(35:02) Housing & Fiscal Competition(47:46) The Debate on Immigration and Open Borders(49:12) Ideal Amount of Immigration and Sustainable Levels(50:06) High-Skilled vs Low-Skilled Immigration(54:49) Ideal Composition of Immigrants(59:13) Competing with China & the Need for High-Skilled Immigration(01:00:42) Republican Critiques: Political, Cultural, & Racial Replacement(01:08:45) American cultural diversity(01:13:16) Debunking the Fear of Racial Replacement(01:16:22) The Nuanced Picture of ImmigrationMusic License: ZHRPBK5SO667TNVT Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Joulu 20231h 15min

Which energy source is best w/ Age of Miracles

Which energy source is best w/ Age of Miracles

Noah Smith joins Age of Miracles hosts Packy McCormick and Julia DeWahl to discuss the future of nuclear energy as well as other energy sources. Daffy is offering Econ 102 listeners a free $25 for the charity of their choice when they join: https://www.daffy.org/econ102Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv _We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.–Sponsors: GIVEWELL | DAFFY | NETSUITEHave you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.Daffy is the most modern and accessible donor-advised fund, making it easier to put money aside for charity. You can make your tax-deductible contributions all at once or set aside a little each week or month. And you don’t just have to donate cash, you can easily contribute stocks, ETFs, or crypto. Plus, you never have to track receipts from your donations again. It’s free to get started and Econ 102 listeners get $25 towards the charity of their choice. Daffy is offering Econ 102 listeners a free $25 for the charity of their choice when they join Daffy https://www.daffy.org/econ102NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.–Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–LINKS:Noahpinion on Substack: https://www.noahpinion.blog/Age of Miracle's YouTube Channel: https://www.youtube.com/@age-of-miracles/videos–X / TWITTER:@noahpinion (Noah)@packyM (Packy)@juliadewahl (Julia)@eriktorenberg (Erik)–TIMESTAMPS(00:00) Episode Preview(01:20) Energy in 2050(02:35) Nuclear’s Learning Curve(08:08) Building Nuclear vs Oil & Gas(12:11) SPONSORS: GIVEWELL & DAFFY(14:28) Case for Solar Energy(16:52) Land acquisition costs(19:39) Storage(25:16) Turning nuclear on and off(28:29) SPONSORS: GIVEWELL(30:54) Intermittency problems(35:49) Texas and Japan’s Batteries(41:11) Land for Energy(45:14) Wind(47:46) Building solar(50:32) When energy is cheap, what’s valuable?(54:39) Fusion Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

6 Joulu 202352min

The Trillion Dollar Non-Profit Sector, The Politicization of Science, & AI Tutors

The Trillion Dollar Non-Profit Sector, The Politicization of Science, & AI Tutors

Noah Smith and Erik Torenberg discuss the rise in pseudoscience, the “administrification” in America, the trillion-dollar non-profit sector, and more. Daffy is offering Econ 102 listeners a free $25 for the charity of their choice when they join: https://www.daffy.org/econ102Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv – We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.– Sponsors: GIVEWELL | DAFFY | NETSUITEHave you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.Daffy is the most modern and accessible donor-advised fund, making it easier to put money aside for charity. You can make your tax-deductible contributions all at once or set aside a little each week or month. And you don’t just have to donate cash, you can easily contribute stocks, ETFs, or crypto. Plus, you never have to track receipts from your donations again. It’s free to get started and Econ 102 listeners get $25 towards the charity of their choice. Daffy is offering Econ 102 listeners a free $25 for the charity of their choice when they join Daffy https://www.daffy.org/econ102NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist.– Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co–X / TWITTER:@noahpinion (Noah)@eriktorenberg (Erik)–Timestamps(00:00) Episode Preview(01:21) New Release Day(01:35) Q&As(02:43) The politicization of science(16:51) SPONSORS: GIVEWELL & DAFFY(18:17) Is Academia Primarily Left?(21:58) The Administrator Boom(25:59) SPONSORS: NETSUITE & ODD LOTS(29:13) The Trillion Dollar Non-profit sector(31:06) Special Interest Groups(32:42) Nonprofit vs Government(43:24) Politicians on Nonprofits(46:23) Global productivity slowdown(53:09) Charter Schools(55:17) Accelerating those at the bottom(59:24) A.I. Tutors Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

28 Marras 202356min

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